Inventories

9 Months Ended

Sep. 30, 2017

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories are stated at the lower of cost and net realizable value. Inventories comprise:

(In millions)	September 30, 2017		December 31, 2016
Finished goods	$	909.0	$	1,380.0
Work-in-progress	1,748.8		1,491.0
Raw materials	769.5		691.3
	$	3,427.3	$	3,562.3

For a more detailed description of inventories acquired, refer to Note 2, Business Combinations, to these Unaudited Consolidated Financial Statements.